ZFX zinifex limited

big day predicted by moondoong, page-23

  1. 127 Posts.
    It takes time for the market to absorb the news sometimes unless the company is like MBL which are not only king deal makers but king of marketing their own business.

    ZFX has not appeared in AFR for sometime so the lack of media attention may be the cause of the lack lustre price.

    Bottomline is if China continues to consume the way it does then there is no reason ZFX should continue to hang around at these sorts of prices. If the price of ZFX drops any further then they are likely to be taken over by a 'BHP' or a 'Rio Tinto' due to ZFX's strong cash flow and mining assets.

    At the end of the day, it does not matter what we small players do or say, its the instituitions which ultimately move the market. Prices will oscillate upwards if demand and production continue to be strong.



 
watchlist Created with Sketch. Add ZFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.